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Friday, March 30, 2018

As shale wells grow longer, buyouts attract hemmed in oil producers

HOUSTON (Reuters) - A recent drought in oil company mergers and acquisitions could be coming to an end over a new Texas range war: U.S. shale producers are building miles-long horizontal wells that are running into their rivals' land holdings.


from Reuters: Business News https://ift.tt/2pPScF0

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Fuel sales halted in occupied Crimea as Ukraine targets oil facilities

Fuel had already been rationed due to shortages caused by Kyiv's attacks against supply routes in Russian-occupied territories. from BB...